EWY Lower After Failed North Korea Missile Launch | Page 2 of 2 | ETF Trends

EWY is up 13.7% year to date.

The ETF “provides broad exposure to the South Korean equity market, which has a cyclical orientation, given its heavy exposure to tech, consumer discretionary, and industrial firms, many of which are large exporters,” according to a Morningstar analyst report on the fund. “Investors looking for leveraged exposure to global growth can consider this fund.”

iShares MSCI South Korea